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NACCUD gives Sabbour-Alliance JV 6 months to make USD 100 mn down payment
The New Administrative Capital Company for Urban Development (NACCUD) has granted a consortium of UK-based Alliance Worldwide and Sabbour Consulting…
Suntech, Benha Electronics win bid to supply administrative capital with solar energy
The Administrative Capital for Urban Development Company has signed a EGP 140 mn agreement with the Military Production Ministry’s Benha…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
ODE, NIS to invest more than EGP 500 mn in two int’l schools in O West
INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int’l schools in O West: A recent partnership…
El Gouna property sales up almost 25% in 2Q2020
Property sales in El Gouna have increased by 22% y-o-y to hit EGP 891.5 mn in the second quarter of…
FRA approves NUCA’s EGP 10 bn securitized bond issuance
DEBT WATCH- FRA green-lights NUCA bond offering: The Financial Regulatory Authority (FRA) has approved the New Urban Communities Authority’s EGP…
Ora Developers to participate in Maspero redevelopment -Sawiris
Ora Developers is looking to participate in the redevelopment of the Maspero Triangle in downtown Cairo, Chairman Naguib Sawiris told…
Karim Zein, Mohamed Seada acquire 20% of Coldwell Banker Egypt
Karim Zein and Mohamed Seada acquired a combined 20% stake in Coldwell Banker Egypt from former CEOs Mohamed Banany and…
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